Deans Report 2015-2016

ISENBERG SCHOOL OF MANAGEMENT

2015 - 2016

DEAN’S REPORT

I S E N B E R G S C H O O L O F M A N A G E M E N T | U N I V E R S I T Y O F M A S S A C H U S E T T S A M H E R S T | W W W. I S E N B E R G . U M A S S . E D U

TABLE OF CONTENTS

Graduate Success

7

Alumni Engagement

15

Faculty

9

B-School Comparison

19

From the Dean

2

Berthiaume Center

12

A New Addition

21

Undergraduate Success

3

Student Leadership

13

Driving the Driven

23

1 | FACULTY

From the Dean We’ve worked hard over the past several years to become one of the best public business programs in the country. Our growing national stature continues to attract top faculty talent and an excellent student body. Our entire community is driven to make Isenberg a truly iconic business school.

• Our undergraduate population has grown by almost 1,000 students since 2005–nearly 20% of all UMass Amherst grads–and our incoming students are more accomplished than ever. We are a bona fide destination of choice for top students from Massachusetts and beyond.

• Our new 72,000 square-foot addition adjacent to our building will be open for business in the spring of 2019. It will raise the bar in preparing our students through modernized educational facilities, expanded career development opportunities, and new space and technology designed to promote hands-on learning and interactions with business leaders.

• Great business schools are great because of their alumni. We are focusing with renewed energy on engaging our outstanding 43,000 member-strong alumni community. Our many initiatives include more engagement in the classroom, creating a connected community through more high-profile events, and increasing mentoring opportunities.

• Graduate programs are a continued source of pride– from our thriving online and part-time MBA programs ranked among the best in the world, to our unique fully funded residential MBA program.

• Outstanding faculty and academic programs are what drive us. The growth in our student population necessitates our continued investment in faculty and academic offerings. Our vision, culture, and growing stature are attracting faculty talent from the best institutions in the world.

In 2015-2016 alone, we welcomed 14 faculty members, including two new endowed position holders.

Sincerely, Mark A. Fuller, PhD Dean, Isenberg School of Management Thomas O’Brien Endowed Chair

FROM THE DEAN | 2

#1 Public Business School in the Northeast!* The spectacular rise of Isenberg’s reputation and brand is evident in Bloomberg Businessweek’s current undergraduate business school rankings. In the Businessweek survey, Isenberg ranked first and 11th among public business school programs in New England and the nation. Among all business schools in the nation, Isenberg ranked 33rd.

BEST PUBLIC BUSINESS SCHOOL (#33 OVERALL)

#

#

BEST PUBLIC BUSINESS SCHOOL IN THE NORTHEAST

PUBLIC UNIVERSITIES

Business School Rankings

Employer Survey

10 20

36

#

30

1 Most Improved Undergraduate Business School 2010 - 2014

#

*According to 2016 Bloomberg Businessweek Undergraduate Business School Rankings Ranked 11th Overall in recruiter satisfaction

3 | UNDERGRADUATE SUCCESS

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45

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14

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78

72

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90

RANKING

90

2011

Among public universities

3

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70 80

2010

68

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60

80

YEAR

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64

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TH

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Overall

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*

2016

*2015 ranking not conducted

RANKING

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BEST ON RECRUITER Rankings graphic showing that we are now #33 best bschool overall and SURVEY #11 publicAMONG

YEAR

2010

2

Among public unive

←

49%

UG applications since 2010

Recruiting the Best Students

50%

Honors Students from 371 students in 2010 to 558 in 2015

Isenberg’s growing prominence among business schools can be witnessed in the types and number of students who apply to our program. Each year our freshman class is the most accomplished in the school’s history. They join Isenberg with high school grade point averages of 3.9 and SAT scores averaging 1279. A 49% increase in applicants since 2010 attests to soaring demand for Isenberg.

3.94

Average GPA Among incoming BBA Students

SAT Scores up 50 points in 5 years 1300

1280

1260

1240

1220

1200

2011

2013

2015

UNDERGRADUATE SUCCESS | 4

Success Ensuring Undergraduate

CURRICULAR INNOVATIONS Dean’s Freshman Leadership Seminar

We are preparing our students for successful careers with insights from career-focused courses and a wealth of other resources–including new innovative technologies coordinated by our career center.

Sophomore Career Course

$55 k 92

As an early touchpoint, this course gives students the opportunity to start their Isenberg career with guidance from Dean Fuller, alumni visitors, and senioryear mentors, who underscore the value of multiple internships and Isenberg’s extensive career development resources.

A roadmap for professional development success that helps students deploy technologies and people skills in resume building, networking, interviewing, and searching for jobs and internships.

MEDIAN STARTING SALARY

PLACEMENT RATE

CHASE CAREER CENTER Optimal Resume and Optimal Interview Tools

Technology-based tools that help students develop resumes and improve interview skills (Made possible through a generous gift by Beth Gamel ’79.)

IsenbergWorks

An interactive job and internship board designed for Isenberg students

FACULTY 55| |UNDERGRADUATE SUCCESS

EXAMPLES OF COMPANIES THAT HIRE OUR GRADS

BBA ‘15, 3 months out

GRADUATE PROFILE

Stephanie Berenson ‘16 When Stephanie Berenson ’16 joins Vistaprint after graduation, the company will welcome one of Isenberg’s most driven achievers. A dedicated recruiter of Isenberg students, the business employs mass customization in generating marketing and promotional materials for its customers. Stephanie, a dual marketing and journalism graduate, will work as a marketing specialist. It’s a win-win opportunity, road-tested by her two summers of internships with the company.

Last summer, Stephanie interned with Vistaprint departments devoted to campus recruiting, employee operations, brand management, and human resources. A year earlier, as a brand intern with Vistaprint’s HR and recruiting team, she analyzed social media metrics and contributed to a recruiting web site and Twitter account.

In recruiting, Vistaprint emphasizes interviews that ask applicants to solve case-based business problems. To prepare Isenberg students for those interviews, Stephanie, in her senior year, helped Vistaprint organize a workshop at the Chase Career Center. In March, she aced the Vistaprint interview herself, which led to her subsequent job offer.

Before graduation, Stephanie was honored with an Isenberg Senior Leadership Award and was Senior Class Speaker at Isenberg’s Senior Celebration on graduation weekend.

In speaking to her classmates, she emphasized the value of the Isenberg experience: “Being part of this community has been one of the best things to ever happen to us!”

UNDERGRADUATE SUCCESS | 6 FACULTY | 6

Fellowship

4.25

Average years work experience

All accepted students are awarded a 2-year Isenberg MBA Fellowship that includes full-tuition, an annual stipend and health care. In return, MBA Fellows get valuable hands-on experience and marketable skills while working on real business problems and strategic initiatives for the school.

32% Two Programs, One MBA International (16 countries represented in the program)

ISENBE

THE

ISENBERG MBA

Companies that have hired recent alumni: Ford Motors

Kaiser Permanente KPMG MassMutual Morgan Stanley UTC Aerospace Systems

WHAT WE OFFER:

WHO WE ARE:

Focus Areas: Entrepreneurship

ISENBERG MBA

Finance

Fellowship

Healthcare Administration The Isenberg MBA has been redesigned to bring together the Marketing best of the Full-time and Online/Part-time MBA experiences.

Sport Management

Average age Class of 2017

Average GMAT Class of 2017

Isenberg MBA Fellowship All accepted students are awarded a 2-year Isenberg Total MBA Fellowship that alumni includes full-tuition, an annual stipend and health degrees: care.Undergrad In return, students work Humanities & Social Science on real business problems and Business – each at 30% and strategic initiatives for the school, gaining valuable, hands-on experience and marketable skills.

4.25

25

32%

WHO WE ARE:

6,391

28

Selectivity

35%

TOP

MBA with Lowest MBA WITH LOWEST Student Debt STUDENT DEBT

U.S. News & World Report, 2016

Average years work experience

6,39132%

Total alumni International (16 countries represented in Undergrad degrees: the program)

www.isenberg.umass.edu/mba

ONLINE & PART-TIME

CONTINUING THE ONLINE/PART-TIME MBA LEGACY

49%

OFFER:

of all MBA students hold

12

7 | GRADUATE SUCCESS

WHAT WE OFFER:

25

THMBA ISENBERG

Fellowship BEST All accepted students are awarded a 2-year Isenberg Full-time MBA in the nation FULL-TIME PUBLIC publicthat universities MBAamong Fellowship includes MBA-RECRUITER US News an & World Report, 2017 full-tuition, annual stipend SURVEY and health care. In return, MBA - U.S. News & World Report, 2017 Fellows get valuable hands-on experience and marketable skills while working on real business problems and strategic initiativesTOP for the school.

Humanitiesto & Social Scienceranked and attract exceptional profesIsenberg’s Online/Part-time MBA continues be highly and Business – each at 30% sionals into the program. Even as one of the largest online programs in the country, Isenberg has been able to maintain a small-community feel and continues to work MBA towards with offering Lowest more Student Debt in-person opportunities for this student population.

2834% Average age

ADVANCED DEGREES

AACSB accredited Average years and awarding work experience MBAs since 1963

Average GMAT Class of 2017 AACSB accredited and awarding MBAs since 1963 Average years work experience

ClassSelectivity of 2017

thTH

639 35% Average GMAT

Financial Times, 2016

BEST

th

BEST PART-TIME MBA

US News & World Report, 2017

- U.S. News & World Report, 2017

6,391

Total alumni

Undergrad degrees: Humanities & Social Science

Kaiser Perma KPMG MassMutual

Morgan Stan

UTC Aerospa

Focus Areas

Entrepreneur Finance

Healthcare A Marketing

Sport Manag

Dual degres Companies th hired recent a MBA/MS in E

Ford Motors MBA/MS in P Administratio Kaiser Permane

MBA/MS in S KPMG MassMutual

Morgan Stanle

UTC Aerospac Focus Areas:

Entrepreneursh Finance

Healthcare Adm Marketing

Sport Managem

Dual degress:

MBA/MS in En

MBA/MS in Pu Administration

www.isenberg.umass.edu/mba MBA/MS in Sp

Full-time MBA in the nation among public universities

- Financial Times, 2016

Best Online MBA Worldwide 5th Best Nationally

25

U.S. News & World THReport, 2016

Class Female of 2017

BEST ONLINE MBA WORLDWIDE

Ford Motors

ISENBER

639

4.25 4.25

- U.S. News & World Report, 2016

Female

UMass Amherst's Net Impact is a Gold Standing Chapter

Average age Class of 2017

SENBERG 34%

THE

28 639 REDESIGNING THE FULL-TIME MBA

All accepted students are awarded a 2-year Isenberg Average years MBA Fellowship that includes work experience Dual degress: full-tuition, an annual stipend TH MBA/MS in Engineering and health care. In return, MBA MBA/MS in Public Policy & BEST Fellows get valuable hands-on Administration experience and marketable The Full-time MBA program offers a collaborative culture that includes group International MBA/MS in Sport Management skills while working (16 countries consulting assignments that emphasize team problem solving.

The curriculum canon real Full-time MBA in the nation represented in business problems and strategic be focused business analytics, finance, marketing, health care administration, among public in universities the program) initiatives for the school.

US Newsmanagement & World Report, 2017 sport or entrepreneurship.

Companies t hired recent

TOP

GRADUATE PROFILE

Benjamin didn’t have to wait to complete the final year of the program to start his new career.

Benjamin Joiner ‘16 MBA candidate Benjamin Joiner ’16 had a full-time job offer at MassMutual after completing his first year in the two-year Full-time MBA program. Benjamin didn’t have to wait to complete the final year of the program to start his new career though.

With Isenberg’s newly redesigned curriculum that works to bridge the gap between the full-time and online programs, students like Benjamin who are enrolled full-time, have the option to finish their degree by attending classes online or at one of our satellite locations. This opportunity allowed Benjamin to get a jumpstart on his career while finishing up his degree and staying connected to his full-time classmates.

GRADUATE SUCCESS | 8

YAO YU

Assistant Professor Accounting

Building Our Talent Pool Our faculty is Isenberg’s greatest resource.

That’s why we continue to invest in our human capital by recruiting thought leaders in areas like business leadership, sport management, alternative investments, quality management, large-scale networks, organizational change, and behavioral accounting. This year, Isenberg added eleven new faculty members and lecturers to an already accomplished community of researchers, practitioners, teachers and mentors. They are proof positive that we continue to invest in the best and brightest.

Research Interests: Behavioral accounting, investor judgment and decision making PhD, Accounting, Nanyang Technological University, 2015

GINNIE GARDINER Lecturer Finance

Research Interests: Real Estate, agency theory, personal finance PhD, Business Administration, The University of Georgia, 1988

AMBER G. YOUNG

Assistant Professor Operations & Information Management Research Interests: Online identity management, social media

MATTHEW P. LINN

PhD, Management Information Systems, University of Oklahoma, 2015

Research Interests: Empirical and theoretical asset pricing, financial econometrics, options, credit risk

Assistant Professor Finance

PhD, Finance, Ross School of Business, University of Michigan, 2015 PhD, Statistics, University of Michigan, 2009

9 | FACULTY

RENEE PRATT

MICHELE BURCH

Assistant Professor Operations & Information Management

Lecturer Operations & Information Management

Research Interests: Diffusion of IT in healthcare, innovation

Research Interests: Lean systems, continuous improvement, idea systems, employee involvement

PhD, Management Information Systems, Florida State University, 2009

PhD, Management Science and Organizations Studies, Isenberg School of Management, UMass Amherst, 2008

MATTHEW KATZ

E. NICOLE MELTON

JEREMIAH W. BENTLEY

Research Interests: Fan communities, fan social networks, the socialization of new fans

Research Interests: Diversity and inclusion in sport

Research Interests: Self-deception and operational reporting distortion in accounting

Assistant Professor Sport Management

Assistant Professor Sport Management

PhD, Kinesiology emphasis Sport Management, Texas A&M University, 2012

PhD, Sport Management, The University of Texas at Austin, 2014

Assistant Professor Accounting

PhD, Accounting (Management), Cornell University, 2016

ELIZABETH B. DELIA

Industry Experience: Sales, account management, product management, upper-level management

Research Interests: Sport consumer behavior, branding, sponsorship, qualitative methods

MBA, Isenberg School of Management, UMass Amherst, 2003

PhD, Sport Management, Florida State University, 2015

Lecturer Marketing

Assistant Professor Sport Management

N EW FA C ULT Y

MATTHEW GLENNON

Alumni Gift Pays

Dividends

Thanks to the generosity of Douglas ’71 and Diana Berthiaume, these endowed positions allow us to attract and retain leading scholars and educators in a competitive environment.

Berthiaume Endowed Faculty David Lepak Berthiaume Endowed Chair of Business Leadership & Professor of Management David Lepak’s innovative research focuses on the strategic management of human capital and human resource management practices and strategies. He has published widely in key journals, including Academy of Management Journal, Journal of Management, and Journal of Applied Psychology.

Traci J. Hess Berthiaume Professor of Information Systems, Operations & Information Management

Human-Computer Interaction.

She has been honored with Isenberg’s Outstanding Research and Research Excellence awards.

Traci Hess is an international authority in human-computer interactions. She is a frequent contributor to her discipline’s top journals and is Associate Editor of MIS Quarterly and Senior Editor of AIS Transactions on

At Isenberg, Professor Hess is coordinator of her department’s Information Management initiatives, including its Ph.D. program in Information Management. She is principal architect of a curriculum that

11 | FACULTY

David teaches human resource management to undergraduates and MBA students and organization theory and strategic human resource management to Ph.D. students. In both teaching and research, David seeks to understand how human resource innovations yield successful and unsuccessful outcomes for employees and their companies.

David has been Associate Dean and Chairperson of the HR department at Rutgers University’s School of

David seeks to understand how human resource innovations yield successful and unsuccessful outcomes for employees and their companies.

Management and Labor Relations.

He chairs the HR Division of the Academy of Management, has been Associate Editor of the Academy of Management Review, and is Editor-in-Chief of the International Journal of Human Resource Management.

is graduating Isenberg students with Enterprise Resource Planning (ERP) and analytics skills. Professor Hess serves on the steering committee for the campus-wide IT minor at UMass Amherst, an increasingly popular option for Isenberg students.

She has also excelled as an educator in the R1 campus’s Business Certificate Program for Scientists and Engineers.

New Leadership

Berthiaume Center for Entrepreneurship

Birton Cowden Associate Director

In less than two years, this cross-campus resource– headquartered in the Isenberg School of Management– has become the hub of entrepreneurial activity on campus and throughout the region.

A lecturer in Management and Strategy, Birton Cowden is Associate Director of Isenberg’s Berthiaume Center for Entrepreneurship. Dr. Cowden teaches courses in entrepreneurship and strategy and his research explores disruptive innovation, entrepreneurship, and other topics.

2015 - 2016

40+ Ventures Assisted

Through the Berthiaume Center, Dr. Cowden is creating and implementing a curriculum and extracurricular activities that are energizing an entrepreneurial culture at Isenberg and UMass.

23

Events

Charles J. Johnson Associate Director

$95k $35,000 INNOVATION CHALLENGE WINNER

Fi

Shiri Dori-Hacohen Computer Science Ph.D. Automated Controversy Detection

Pl

e ac

t rs

Awarded

INNOVATION CHALLENGE WINNER

The Berthiaume Center was named the Outstanding Emerging Entrepreneurship Program 2016 by the USASBE.

A Clinical Associate Professor in Entrepreneurship, Charles Johnson is Associate Director for Mentorships and New Venture Services with Isenberg’s Berthiaume Center for Entrepreneurship. A partner with Choate, Hall & Stewart LLP in Boston, Mr. Johnson draws on 32 years as a corporate lawyer in his course, New Venture Financing.

He is also marshaling his extensive network of contacts in Greater Boston’s business community to forge mentorship relationships for Isenberg and UMass students with experienced entrepreneurs.

BERTHIAUMEFACULTY CENTER | 12

Student Leadership Drives Networking Success Central to Isenberg is a culture of strong student-led initiatives that originate from the leaders of our 30+ active student organizations.

One example of these initiatives is the Women of Isenberg Conference. Established in 2014 by Isenberg Women in Business (in collaboration with the Undergraduate Programs office, Chase Career Center, and the Development office) the conference has grown to become one of the school’s highest profile events.

Women bring strong collaborative assets to teams that help solve problems for clients.

13 | NETWORK AT WORK

3

RD ANNUAL WOMEN OF ISENBERG CONFERENCE

“It’s great to have a plan, but it’s far more important to figure out your passion and the steps to achieve it,” observed HTM alumna Laurie Stroll ’83, who excelled as one of two keynote speakers at the third annual Women of Isenberg Conference on February 28th. The event’s second keynoter, Kate Edwards ’89, offered additional food for thought: “Female teams,” she said, “excel in relational leadership. It’s one of our strengths. We love to connect.”

Coordinated by the Isenberg student group Women in Business, the event attracted 310 attendees to a full day of speakers, panel discussions, and networking. The conference, in UMass Amherst’s Campus Center, included a lunchtime networking panel, followed by a Career Reception, where students explored career and internship opportunities with the event’s sponsors.

ALUMNI PROFILE

The panel discussions featured graduates and other industry professionals, and Isenberg professors. The agenda included leadership styles, negotiating, sustainability and social responsibility, media literacy, entrepreneurship, managing personalities, technology, social media, hospitality, and concerns of young professionals.

Women prefer collaborative leadership styles that sometimes incorporate more traditional elements, noted participants. “You want to build a team of people not like you,” one panelist insisted.

Learn from best practices and bad leaders as well, said another. Ultimately, you must resonate as authentic and supportive, panelists agreed.

Panels devoted to negotiating emphasized its value as a learned skill that improves with practice, preparation, and self-confidence. Negotiation calls for assertiveness, active listening, and problem-solving skills. You need to empathize and see a problem from different perspectives.

“If you don’t have a technical background, viewing technology as problem solving makes it easier to understand,” advised a panelist. Women bring strong collaborative assets to technology teams that help solve problems for customers and clients, panelists agreed.

“Remember,” a panelist emphasized, “in any technology or business setting, you deserve to be there as much as everybody else!”

Examples of Other Student-Run Initiatives and Organizations • Association of Latino Professionals for America (ALPFA)

• McCormack Sport Management Career Fair

• The Hult Prize @ UMass

• National Association of Black Accountants

• HTM Career Day

• Investment Pitch Conference • Isenberg Citizens First • Marketing Career Networking Night

• McCormack Future Industry Leaders Conference

• Minutemen Equity Fund

2016 WOI SPONSORS:

Laurie Stroll ‘83 In May of 2015, Laurie Stroll and her destination management firm, Newport Hospitality, produced 65 events and handled hospitality for 2,000 visitors at the only American stopover of the iconic Volvo Ocean Race. “To accomplish that, our full-time staff of 7 mushroomed to 74,” recalls Laurie. “We did almost two years of business in ten days.”

Laurie’s prowess in planning and improvising dates to her UMass years, when as a single mother, she doggedly succeeded both as a parent and hospitality student.

“My first and only goal was self-sufficiency,” she confesses.

After graduation, she diversified her skill set in the hotel business before joining and eventually purchasing Newport Hospitality. Her message to Isenberg students: “Build your own personal and business brands, cultivate a positive Yes I Can! attitude, and don’t let others define you.”

• Soccerfest

• Undergraduate Consulting Group • Volunteer Income Tax Assistance Program (VITA)

SAVE THE DATE: February 25, 2017 2017 Women of Isenberg Conference

2

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Executives in the Classroom Each semester, scores of alumni and other business professionals visit Isenberg to impart a practitioner’s-eyeview of the business world. In the classroom, as panelists, and as mentors, these business leaders make an indelible difference in the lives of our students.

15 | ALUMNI ENGAGEMENT

PICTURED ABOVE 1. Victoria Vega ’88 Division Vice President Unidine’s Corporate & Education Culinary Groups 2. Gary Cameron ‘89 Managing Director (retired) JP Morgan Chase 3. Matt Powers ‘08 General Manager, CT Uber Technologies, Inc. 4. Brian Tino ‘11 Enterprise Account Executive, InVisionApp, Inc. 5. Beth Gamel ‘78 MS Managing Director, Argent Wealth Management

6. Michael Philipp ’82 MBA Chairman and Management Partner, Ambata Capital

Mike Chludzinski ‘92 Sr. Director of Business Transformation, Philips

7. Marc Schneider ‘81 CEO, Kenneth Cole

Vivek Paul ‘82 MBA Founder of KineticGlue; Former CEO of Wipro Technologies

8. Wayne Chang Entrepreneur and Dir. of Product Strategy, Twitter ALUMNI VISITORS (Not Pictured) Eric Ashman ‘90 President of Media Thrillist Media Group

Cecilia Shea ‘83 Chief Information Officer, SABIC Innovative Plastics Pat Whelan ‘80 CEO, HavenBrooke Homes Judd Zebersky ‘90 CEO & Founder, Jazwares

Douglas Berthiaume ‘71 Chairman, Waters Corporation Susan Callender ‘86 Owner, Oh My Gauche!

For more alumni news and profiles visit Isenberg.umass.edu/alumni-news

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ED SHIRLEY ‘78 CEO & President (retired) Bacardi Limited When the Kraft family negotiated naming rights to its new stadium in 2002, Ed Shirley ’78 was Gillette’s point person. Frustrated with the intransigence of dueling lawyers, the Senior VP of Global Marketing for Gillette ultimately proved persuasive: “Not getting the deal done is not an option!”

An Isenberg accounting graduate who embraced marketing and strategy, Ed stood for pragmatism and adaptability throughout his career. Both were evident in his role as a change agent as Vice Chairman of Procter & Gamble’s $38 billion global beauty business.

And as CEO of Bacardi, he

drove a worldwide marketing campaign that emphasized the Bacardi family’s history.

Reflecting on those and other challenges, Ed tells it like it was: “I wasn’t daunted. I was driven.”

Read more about Ed Shirley at isenberg.umass.edu/ed-shirley

ALUMNI ENGAGEMENT | 16

Bernard Lee ‘11 MBA speaks at the 2015 IBLA

HTM NYC Alumni Event Alumni Night at Top of the Hub in Boston

Isenberg Day at Fenway Isenberg Day at Gillette Stadium

FACULTYENGAGEMENT 17 | ALUMNI

Boston Alumni Night

An Increasingly Connected Alumni Community Alumni events have recently expanded to include networking nights in both Boston and New York City; MBA alumni-specific events in Boston, Springfield, and Shrewsbury; as well as events tied to UMass Minutemen football and Red Sox games. These culminate in what continues to be the school’s premiere alumni event, the Isenberg Business Leadership Awards.

2015 IBLA at the Colonnade Hotel, Boston Boston Harbor Hotel, site of the annual HTM Awards Dinner.

“This evening is a celebration of our alumni and a fantastic opportunity for networking,” Dean Mark Fuller told 300 alumni and friends of Isenberg at the third annual Isenberg Business Leadership Awards banquet at the Colonnade Hotel in Boston. He continued, “We are here to celebrate what we are and what we can be.” The event honored two distinguished alumni, Denise Coll ’75 and Bernard Lee ’11 MBA, both exemplars of business leadership and passionate involvement with Isenberg.

2015 ISENBERG BUSINESS LEADERSHIP AWARDS (IBLA)

STAY UP TO DATE on all upcoming Isenberg alumni events. Visit alumni.isenberg.umass.edu.

2015 IBLA HONOREES DENISE COLL ’75 A graduate of Isenberg’s Hospitality & Tourism Management program, Denise Coll energized Starwood Hotels & Resorts’ North American Division as its President from 2007-2013. She began her 3+ decades in the hospitality industry in hotel operations, adding managerial challenges on the individual hotel, regional, and corporate levels. “Keeping engaged with students really motivates me,” she remarks. To that end, she has created scholarships, mentored students, and advocated networking, which she insists “can reflect your own long-term success.”

BERNARD LEE ’11 MBA Bernard Lee, a plastic and reconstructive surgeon at Beth Israel Deaconess Medical Center in Boston, joined Isenberg’s Online MBA program to gain facility with the “business of medicine.” “I was immediately able to use what I learned at Isenberg,” he notes. That included skills that helped him to increase productivity, reduce waste, and build more effective teams. He also learned to better negotiate changing relationships with patients and empower them through education and health literacy.

ALUMNI ENGAGEMENT | 18

8 9

0

30,000,000

60,000,000

90,000,000

120,000,000

150,000,000

10 11

What it13 Takes to be an Iconic B-School* 14

FINANCIAL SUMMARY FY 2015

GRAPHICAL COMPARISON OF TOP PUBLIC BUSINESS SCHOOLS as ranked in Bloomberg Businessweek 2016

2 University of Virginia | McIntire and Darden

1

3 University of Texas-Austin | McCombs 5 University of Michigan | Ross

3

7 Ohio State University | Fisher 8 Penn State University | Smeal

4

9 Michigan State University | Broad 10 University of Wisconsin-Madison

5

11 University of Mass-Amherst | Isenberg

7

13 University of Cal-Berkeley | Haas 14 University of Illinois at Urbana-Champaign

OPERATING BUDGETS 1

1

4

3

7

7 Income from Endowment 8 $947,541

11

3

60,000,000

2000

90,000,000

1

4 5 7 8 10

11

11

13

13

30,000,000 30,000,000

30,000,000

1,500 1500

2

9

14 60,000,000 60,000,000

90,000,000 90,000,000

120,000,000 120,000,000

* Source: Isenberg undergraduate BBA and BS degrees awarded 2014, other data based on publicly 11 available data for top 15 public business programs with PhD programs, as ranked by Businessweek.

13 pledges and estate gift commitments. **Does not include outstanding 14

1

10

10

19 | B-SCHOOL COMPARISON

0

1,000 1000

School Endowments

9

14 0

500 500

10

14

8

Philanthropic Gifts** 5 $2,265,082

8

13

5

Continuing & Professional Education: $11,011,794 4

0

9

Operating Budgets

3

2

9

0

2

State Support $16,399,246

2

4 University of North Carolina-Chapel Hill | Kenan-Flagler

00

$38,208,911

1 Indiana University | Kelley 200,000,000 300000000 400,000,000 500000000 600,000,000

,0 00

100,000,000 1 0 Total Endowment 2 3 4 5 6 7 8 Budget Total Operating 9 10 11 12 13 14 15 16 17 18 19 20

UG Degrees

,0 30

$31,061,074

OPERATING BUDGETS

Business School

150,000,000 00

1 2 3 4 5 6 7 8 9 10 11 12 13 14

200,000,000 300000000 400,000,000 400,000,000 500000000 600,000,0 100,000,000 200,000,000

FACULTY IS WHAT DRIVES THE STUDENT EXPERIENCE Our team analyzed the total number of tenure stream faculty and compared it to total number of undergraduate degrees awarded for the top 15 public business schools in the U.S. with PhD programs. In order to stay 130 competitive with our peers, Isenberg needs to attract more exceptional faculty to keep pace with our ever expanding undergraduate population.

T OTA L TEN U RE STREA M FA CU LTY

120

1 Indiana University | Kelley

3 University of Texas-Austin | McCombs

2 University of Virginia | McIntire and Darden

110

5 University of Michigan | Ross

8 Penn State University | Smeal

14 University of Illinois at Urbana-Champaign

100

7 Ohio State University | Fisher

90

13 University of Cal-Berkeley | Haas 80

4 University of North Carolina -Chapel Hill | Kenan-Flagler

70

60 300

9 Michigan State University | Broad

10 University of Wisconsin-Madison

11 University of Mass-Amherst | Isenberg

500

700

900

1100

1300

1500

1700

TOTA L U N DERGRA DU ATE DEGREES

ISENBERG DEGREES AWARDED

989

Total Undergrad Degrees Awarded

18%

of UMass Amherst graduating seniors are Isenberg students

457

Total Graduate Degrees Awarded

9

Doctoral

B-SCHOOL COMPARISON | 20

Fine Arts Center

Design (Under Construction)

Hicks

Haigis Mall

Whitmore Administration

KEY FEATURES

Isenberg

Optional Label • $62 million project to add 70,000 sq. ft. (gross) of classrooms, labs and studentfacing spaces

Open For Business: Spring 2019 The first major construction project for the School of Management since the Alfond addition in 2002 is well underway. We’ve paired two outstanding architects– Boston-based Goody Clancy and Bjarke Ingels Group (BIG) of New York and Denmark–to complete a renovation and addition to the Isenberg building. The design team is working within the UMass Amherst master plan to create an exciting new visual identity and complement the Fine Arts Center and Haigis Mall.

Our new fundraising campaign creates even more opportunities for alumni and friends to support student success.

21 | A NEW ADDITION

• Flexible design for growth to accommodate executive in residence programs and experiential learning.

• Includes 5,000 sq. ft. atrium/ student commons that doubles as a cultural hub and event center.

• Groundbreaking for construction and site work starting summer 2016.

View design updates at: isenberg.umass.edu/construction

Total undergraduate enrollment has increased by over 47% since 2005.

New facilities will give our community the room we need to grow.

A NEW ADDITION | 22

WE DRIVE THE DRIVEN

Brand Campaign Isenberg’s DNA is concerned with more than just business theory and business case studies.

Isenberg has had a unique culture and sense of community since it was founded in 1947. Words like tenacious, smart, resourceful, and resilient have been used to describe our 43,000 strong community. Almost 70 years of academic rigor and thousands of faculty, staff, students and alumni have built Isenberg into the top school it is today.

Š FORGE Worldwide 2015

23 | DRIVING THE DRIVEN

Through market research and discussions with our students and alumni, we realized that at Isenberg we are concerned with more than just business theory and case studies. We also focus on the business of preparing students mentally and emotionally to succeed. By charging our students with real responsibility, our great expectations fuel great achievement and create a strong network of successful alumni. At Isenberg, students, faculty, and alumni with incredible drive are driven even further.

WATCH & LEARN The Spirit of Isenberg video can be seen at www.isenberg.umass.edu/spirit-of-isenberg-video

WE DRIVE THE DRIVEN.

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WE EXPECT A LOT FROM OUR STUDENTS. THEY EXPECT EVEN MORE FROM THEMSELVES.

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Founded in 1947, the Isenberg School of Management on the University of Massachusetts flagship Amherst campus has 43,000 alumni in 86 countries. Isenberg offers its AACSB-accredited courses to 4,800 students on campus, online, and in blended formats. The School’s 3,800 undergraduates major in seven business disciplines, including industry specialties such as Hospitality & Tourism Management and Sport Management. Isenberg’s 1,400 MBA students can pursue a general MBA or focus on Healthcare Administration, Entrepreneurship, Finance, Marketing or Sport Management. In addition, Isenberg offers the PhD degree in seven different concentrations.

Isenberg School of Management University of Massachusetts, Amherst www.isenberg.umass.edu

27 | FACULTY